7 valuable steps parents can take to improve the financial security of children
When you’re thinking about your financial plan, what are your priorities? Often, passing on wealth and helping children or grandchildren realise their own goals is important. Despite a period of economic uncertainty, a survey from Scottish Widows found that 77% of UK households are still planning for the financial wellbeing of other generations. This could […]
5 unexpected lessons you can learn about finances from Roald Dahl
Roald Dahl’s books are known for colourful characters, fantastic adventures, and simply being fun. As a child, they’re the perfect books for capturing your imagination. As an adult, you can even find some unexpected money lessons nestled among the talking creatures and magic. Here are five financial lessons you can learn from the stories of […]
How self-employed workers can create financial security amid economic uncertainty
As a self-employed worker, it can be more difficult to manage your finances. Your income may vary or not be as reliable as those who are employed. According to a study from Scottish Widows, almost half of self-employed workers said their income fluctuates. The research suggests that self-employed people could be more susceptible to income […]
Business owners, is poor financial wellbeing among your employees affecting operations?
Research suggests that many employees feel like they’re not receiving enough support to improve their financial wellbeing. It could affect business operations, and cost you money too. Financial wellbeing isn’t just about income. It covers things like financial literacy, confidence, and having a good relationship with money. As an employer, you can do several things […]
5 compelling reasons why you should share a financial planner with your family
Money and financial decisions are often seen as a personal matter. However, making your family part of the financial planning process and discussing your goals with them can be valuable. A report from M&G Wealth found that 33% of advised families share the same adviser, with around 57% of those sharing the same adviser as […]
52% of savers don’t understand the effects of inflation, and millions think they’ll be better off. Here’s why it can harm your savings
Inflation has been in the news for months now, as the rate increases. While you may notice the effects inflation has on the price of goods when you visit the supermarket, it can be more difficult to understand how and why it’ll affect things like your savings. More than half of cash savers don’t know […]
Carers Week: Why a care plan is still crucial even if you have family support
As part of a long-term plan, you may be thinking about whether you could need some form of care later in life. While you may hope to rely on your family to provide the support you need, you should still consider how you’d pay for care services if you need to. According to charity Carers […]
8 things entrepreneurs can do to improve their financial resilience
More people than ever before are working for themselves and setting up businesses. It can be incredibly rewarding, but you also need to consider how it’ll affect your financial resilience. The UK has a great spirit of entrepreneurship. According to the Office for National Statistics, around 4.8 million people (more than 15% of the labour […]
“Midlifers” are hit by time and financial pressures. Financial planning can help balance your priorities
Individuals aged between 40 and 60 – dubbed “midlifers” – are facing time and financial pressures as they try to support their families. Many are feeling the strain and don’t have the resources to focus on their own goals, and financial planning could help. According to a survey from Legal & General, 6 million midlifers […]
